It came to boggle my mind, my first instincts of what the word 'organization' was... Are organization's and shops the same thing? My starting point for this is the proposition that I see very limited view in both these words. The bigger the organization, the more solid ground they have in the share of market position.For simplicity, they both operate in an environment exploiting the opportunity available on the market where some form of transaction may take place.
Thoughts ~ Is knowledge the key for organisation's out there to survive?
Strategy
Strategy to me means planning which could be either short term or on long term scale depending on where one may aim to head for. For instance, I have set myself a long term goal that I need to achieve and without having a short term strategy in place which I use as a sense of direction and purpose, I cannot meet this. Therefore in simple terms, strategies means that one cannot know where they are going if they have not set it.
In an organization perspective, Norton and Irving (1999) claims that strategy is essential because of the significant impact from the market in which they operate. Greggs strategy, for example attempts to change the perception of how consumers percieve their image. I agree with Norton and Irving that strategy is essection but I would also like to add that devising a strategy is complicated because there are many pulling forces for an organization as opposed to one individual.
Thoughts ~ How can one determine whether the derived strategy is foreseeable?
References:
Food&DrinkEurope. (2005). Greggs Thrives On Image Change. [Online]. Available:http://www.foodanddrinkeurope.com/Financial/Greggs-thrives-on-image-change [2009, 24/01/09].
Norton, B. & Irving, R. (1999). Strategy in a Week. Hodder & Stoughton, London.
Further Reading: - Fulcher, J. (2004). Capitalism: A Very Short Introduction - Chapter5. Oxford University Press, New York.
I wish your organisation all the good luck in the future and let it prosper... :-)
ReplyDeletehope we pple will work together n know more abt organisation
ReplyDeleteHi,
ReplyDeleteI think you got the wrong context of what I wrote...I understand that in organizations people come together to achieve the common goals of that organization. I hope you get my thoughts this time…if not feel free to comment back…;-)
"Social to u means when one or a group in some form do a gathering for interactivity or discussion of some sort. Where as Business network is how one organization is linked to another through invisible cables."
ReplyDeleteCan u support this sentence with an example.
Hi Prasad,
ReplyDeleteYour comment, my example on social is like for example when you attend our every Thursday meetings: we are doing some of discussion on social content side but "related" to topic of KM.
Business Network "invisible cables"- I see this like... an organisation in London - is linked say for example to another organisation (or branch to branch)- that may be in Manchester? I think Zara, from my view is a good example. i.e One in London, HK, United States, France.. etc